Friday, October 18, 2019 7:51:39 PM
Notice how there were no resistance points discussed? That’s because there ARE NO TECHNICAL RESISTANCE POINTS ON THE ALPP CHART.
NONE.
AT ALL.
ALPP is the DEFINITION of BLUE SKYS
Let me explain in English, rather than chart-speak, for anyone who doesn’t see it.
First - go back to mid July of this year on the chart and look at the volume. You will see a day when about 50M shares traded in a single day.
Understand that ALPP was literally unknown until that day.
Second - look at the chart between that day, and about 3 days ago.
The chart never got above .04 even with significant volume over several months.
What does that tell us?
It tells us that anybody who was in the stock, prior to the 50M shares day, has either:
1. Left the stock or
2. Has averaged down below 04
That means that everybody in this stock, prior to about 3 days ago, is below 04.
Another way to say that is: THERE ARE NO BAG HOLDERS (none, at all)
Go watch this video by Kicko for further explanation on that point
$ALPP Break now free of bagholders congratulations let er rip! https://t.co/ONqBzQJxZp pic.twitter.com/vyqQFvAgE4
— Pat aka "Kingcallz" (@KickoStocks) October 16, 2019
YET ANOTHER way to say that is: THERE ARE NO TECHNICAL RESISTANCE POINTS.
Think about it.
What is a “technical resistance point”?
It’s simply a place where someone bought the stock and then the pps went down.
A technical resistance point IS a bag holder. (did you catch that? A technical resistance point is where bag holders are chillin’)
And a bag holder is simply someone who prays to their God of choice every night to “just get out at breakeven”
So when breakeven arrives, they sell.
That’s what technical resistance is, in English.
And with ALPP, we currently have ZERO BAG HOLDERS and thus ZERO TECHNICAL RESISTANCE.
That’s what BLUE SKYS means. There is no one (and I mean no one........did you hear me, NO ONE) praying to their God of choice to get out at breakeven on ALPP
Because they have all averaged down below 04 already.
BLUE SKYS FOLKS.
And 3 ENORMOUS CATALYSTS to set this off like a fuking rocket. (Plus a $hit load more already under DD for 2020)
$100M Company by 2020.
And currently a 2M market cap.
At a pps of $5, with only the paltry 95M o/s that ALPP has, that’s only a market cap of $475M (i.e. LITERALLY NOTHING)
There are empty shell stinky pinkies that clowns are trading right now with ZERO BUSINESS AT ALL, and market caps bigger than $475M.
Anyone unable to put these pieces together is, sorry to say....an absolute fool.
Enjoy the weekend.
Recent ALPP News
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 08:57:23 PM
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